Returning new car

Nearly a third of all new cars sold in Norway last year were completely electric vehicles.In 2018, electric cars rose to 31.2% of all sales in the country, up from 20.8% in 2017 and just 5.5% in 2013, according to the independent Norwegian Road Federation (NRF).The figure is a new world record and cements Norway's position as the global leader in electric car sales per head of population.Norway is aiming for 100% of new cars to have zero emissions by 2025, with its government having made battery-driven cars exempt from most taxes.Electric vehicle drivers also enjoy other benefits such as free parking and charging points. As Western Europe's biggest producer of oil and gas, Norway is looking to transform to a greener economy.Oeyvind Solberg Thorsen, head of the NRF, described the rise in electric car sales as "a small step closer to the 2025 goal". More from Norway Passengers relive 'scary' ordeal after tornado-like winds hit Norway cruise ship Injured Norway cruise ship … [Read more...] about Almost a third of new cars sold in Norway in 2018 were electric

McLaren have issued a McLarentinesDay poem for their new car (Image: GETTY) McLaren are one of the last teams to unveil their new car for the 2019 season. Drivers Lando Norris and Carlos Sainz will be tasked with battling for chequered flags against Red Bull, Ferrari and the much-fancied Mercedes. The UK-based team finished a disappointing sixth in the Constructors’ Championship last season - behind Haas and Renault. McLaren will unveil their new car at noon on Thursday. Related articles F1 2019 car launches: Every livery as they are unveiled – New designs McLaren car launch: F1 team post this weird message ahead of release And they dropped a big hint as to the colour scheme of the car with a cringeworthy poem on social media. Rather unsurprisingly, the orange and blue motif is back for 2019. McLaren's McLarentinesDay poem (Image: TWITTER) The poem reads: Do you believe in love at first sight? It’s about more than just swiping right. Dressed in papaya, … [Read more...] about McLaren issue cringeworthy McLarentines Day POEM that hints at new car design

New car sales fell by nearly 7% last year in the biggest annual drop since 2008, according to industry figures.A slump in demand for diesel, stricter emissions rules, and falling consumer confidence ahead of Brexit were blamed for the decline.Figures from the Society of Motor Manufacturers and Traders (SMMT) showed 2.37 million new cars were sold in 2018, down more than 174,000 on the previous year.The 6.8% fall was the second year in a row of decline and the largest drop since demand fell by 11.3% during the financial crisis a decade ago.SMMT chief executive Mike Hawes described the challenges facing the industry as a "perfect storm". The trade body is forecasting a further 2% decline in 2019. Mr Hawes said: "A second year of substantial decline is a major concern, as falling consumer confidence, confusing fiscal and policy messages and shortages due to regulatory changes have combined to create a highly turbulent market."The industry is facing ever tougher environmental … [Read more...] about New car sales see biggest fall since 2008

Grant Sabatier, founder of Millennial Money and author of "Financial Freedom: A Proven Path to All the Money You Will Ever Need," knows how to maximize his savings. By the age of 30, he had earned over $1 million. To get there, Sabatier, now 34, increased his income by negotiating his salary and working up to 13 side hustles at a time. He also focused on saving as much as he could by cutting back on his three biggest expenses: food, housing and transportation. To get around, Sabatier recommends cost-saving measures like carpooling or using public transportation. But if it's necessary to own a car, "buy the nicest kind of used car that will get you from point A to point B," he tells CNBC Make It. That's because, he says, buying a new car is "one of the worst financial decisions that you can make in your life." Not only is a new car often quite expensive, but it's not an investment that will gain value over time. "Realize that you're trading two things when you buy a new car," Sabatier … [Read more...] about Millennial who saved $1 million: Buying a new car is ‘one of the worst decisions you can make’